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Philadelphia REIT Rides Leasing Momentum as Competing Office Landlords Face Mounting Stress

Brandywine Realty Trust Boosts Annual Outlook as Tenant Expansions Outweigh Downsizings
Brandywine Realty Trust, the developer behind the Schuylkill Yards development in Philadelphia, reported an uptick in touring activity across its construction pipeline. (CoStar)
Brandywine Realty Trust, the developer behind the Schuylkill Yards development in Philadelphia, reported an uptick in touring activity across its construction pipeline. (CoStar)
CoStar News
July 24, 2024 | 11:16 P.M.

The scale between office tenant downsizings and expansions is tipping back toward some landlords' favor after several years of consolidation, said executives of one of the nation's largest real estate investment trusts.

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